Cryptoforce Presents-The SEC can appeal the XRP ruling, seeking review from the appeals court.

The SEC can appeal the XRP ruling, seeking review from the appeals court. Legal process continues.

After a judge permitted the SEC to argue its case regarding XRP sales not violating securities law, the SEC requested consent to appeal. They aim to challenge the ruling stating that Ripple's XRP sales didn't breach securities law due to differing investor expectations between retail and institutional buyers.

The SEC mentioned that the ruling's effects could extend to its cases involving Coinbase, Dragonchain, and other legal issues. The regulator clarified its focus was on XRP sales, not the asset itself, stating they didn't argue the asset was a security, emphasizing its digital nature without inherent value.

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👉Cryptoforce is a financial company that provides crypto trading and cryptocurrency exchange services with blockchain technology programs. 




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